Tag: CYBERSECURITY
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China Enforces New Regulations on Tech Companies’ Algorithm Usage
The Chinese government is enforcing stricter regulations on tech companies’ use of algorithms to combat addiction and foster safer online environments for children and the elderly. This move complements previous guidelines aimed at promoting healthy content and curbing personalized recommendations, reflecting ongoing tensions with international lawmakers over data security. The Chinese government has intensified its…
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The Competition to Create AI Online Shopping Agents Intensifies
Technology companies are engaged in a competitive race to implement AI agents for online shopping. Perplexity has introduced an AI shopping agent that assists users in product discovery and purchasing. While such innovations can streamline shopping experiences, challenges related to transaction efficacy, privacy, and retailer consent remain significant. The race is intensifying among technology companies…
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The Impermanence of Cloud Backups: Why You Should Backup Locally
The article warns against relying solely on cloud backups, highlighting Apple’s policy change that will lead to the deletion of data from older devices not upgraded to iOS 9. This emphasizes the temporary nature of cloud storage, as users may find crucial documents lost if they do not maintain local backup copies. Real-life cases illustrate…
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Australia Charges Tech Giants with Data Misappropriation for AI Training
The Australian Senate inquiry has accused tech giants Amazon, Google, and Meta of misusing Australian user data for AI training without transparency. It calls for standalone legislation to safeguard rights and compensate creatives impacted by AI. While the recommendations received support from some organizations, concerns about overregulation remain. An inquiry conducted by the Australian Senate…
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FTC Launches Antitrust Investigation into Microsoft
The U.S. Federal Trade Commission has launched an antitrust investigation into Microsoft, focusing on its software licensing and cloud services. The inquiry suggests potential misuse of market power, hindering competition. Microsoft faces criticism from competitors regarding its practices and pricing strategies related to Azure cloud services, especially against the backdrop of potential shifts in the…
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Tim Cook’s Strategic Visit to China: Navigating AI and Regulatory Challenges
Tim Cook has returned to China to discuss launching Apple Intelligence, navigating regulatory challenges while addressing supply chain issues and US-China trade tensions. Cook is exploring collaborations with local tech firms to facilitate AI integration in compliance with Chinese regulations. This visit marks his third trip to China in 2024, underscoring the region’s strategic importance…
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China’s Campaign to Regulate Algorithms for Targeted Advertising
The Cyberspace Administration of China has launched a campaign to regulate algorithms driving targeted advertisements and personalized recommendations online. The initiative is aimed at reducing addiction and introducing transparency, mandating companies to disclose how they rank content and assess pricing practices. This marks a significant step in China’s broad efforts to oversee algorithmic practices since…
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Significant Adoption of Passkeys Marks a Move Towards Passwordless Future
More than 200 major companies have integrated passkey support, indicating a swift move towards passwordless security innovations. Industry leaders such as Walmart, Amazon, and Discord are exemplifying this transition. 1Password reports substantial metrics concerning passkey use among their users, reflecting growing trust in this technology, which is championed by the FIDO Alliance. New enhancements in…
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Exploring AI’s Potential and Challenges in Financial Institutions
In a discussion on AI’s impact on financial institutions, Assem Marat and Trenton McNee emphasize AI’s potential to enhance operational efficiencies and improve client service within the sector. They address risks such as AI washing and the need for regulatory adaptation, while underscoring the importance of effective data governance and new risk management strategies. The…
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Holocaust Denial Merchandise on Shopify Sparks Ethical Debate
Shopify Inc. is under fire for permitting an online store that markets antisemitic merchandise, including Holocaust denial-themed items. This controversy raises significant questions about the company’s ethical stance and its newly relaxed content policies. As discussions around free speech and corporate responsibility evolve, this incident underscores the need for tech companies like Shopify to critically…